Hot on the heels of returning to the winning circle in Formula 1 with a famous one-two at the 2021 Italian Grand Prix, McLaren continue to bolster their arsenal by extending their partnership with Arrow Electronics.
This is what they had to say in a press release today:
McLaren Racing and Arrow Electronics, the global technology and innovation business, have announced a long-term multi-year partnership extension.
Arrow will continue to support The British team in its drive to achieve success with the McLaren Formula 1 and Arrow McLaren SP IndyCar teams. The global technology company will continue as title sponsor while it continues as a partner of the McLaren F1 team.
Since 2019, the partnership between Arrow Electronics and McLaren Racing has enabled the two organisations to put a shared belief in technology and innovation to at the centre of a joint commitment to drive progress and bring services and solutions to the team and their respective networks.
Today’s news follows the announcement in August that the Woking outfit was acquiring a majority stake in Arrow McLaren SP. The electronics company’s branding will continue to be represented on the F1 race cars and drivers, Lando Norris and Daniel Ricciardo, and the Indycars and drivers, Pato O’Ward and Felix Rosenqvist.
Zak Brown, CEO, McLaren Racing said: “Arrow Electronics is a valued partner of McLaren Racing across both our Formula 1 and IndyCar programmes. This long-term partnership extension is a great reflection of the strong relationship we have been building and the productivity of our partnership since the beginning in 2019. With our recent majority investment in Arrow McLaren SP and Arrow’s deep involvement in the team since 2015, our partnership is strengthened further as we progress on our common journey and shared ambitions to win together.”
Mike Long, Chairman, President and CEO, Arrow Electronics said: “We committed to innovation in automotive and transportation technologies. Our engineers work side-by-side with the race team, and we couldn’t be happier with the strength of our teams’ positions in both IndyCar and Formula 1. We look forward to many more wins together on and off the track.”
About Arrow Electronics
Arrow Electronics guides innovation forward for over 180,000 leading technology manufacturers and service providers. With 2020 sales of $29 billion, Arrow develops technology solutions that improve business and daily life. Learn more at fiveyearsout.com.